RIVERSTONE NETWORKS INC 4
4 · RIVERSTONE NETWORKS INC · Filed Mar 28, 2005
Insider Transaction Report
Form 4
RIVERSTONE NETWORKS INCRSTN.PK
MESEL NOAH D
Sr Vice Pres., General Counsel
Transactions
- Award
Common Stock
2005-03-25+200,000→ 200,000 total
Footnotes (2)
- [F1]The shares will be issued to the reporting person as they vest incrementally over the period of service with the issuer in accordance with the following schedule: (i) twenty-five (25%) percent of the shares will vest and be issued upon his continuation in service through September 25, 2005; (ii) additional twenty-five (25%) percent of the shares will vest and be issued upon his continuation in service through March 25, 2006; (iii) additional twenty-five (25%) percent of the shares will vest and be issued upon his continuation in service through September 25, 2006 and (iv) twenty-five (25%) percent of the shares will vest and be issued upon his continuation in service through March 25, 2007. However, the shares will be subject to accelerated vesting and issuance upon certain changes in control or ownership of the issuer.
- [F2]Includes 200,000 shares issued to the reporting person and shall vest as reported above.